Finance

Phone app designed to ‘fight war on food waste’

Entrepreneurs Jamie Crummie and Chris Wilson have designed an app to offload bakery products that are destined for the bin at a discounted price.

Bakkavör enjoys Q2 revenue increase

International food manufacturer Bakkavör has seen revenues rise 3.2% to £438.7 million in its second-quarter (Q2) results for the 13 weeks ended 25 June 2016, compared with the same 2015 period.

UK wheat traders may capitalise on poor French harvest

French analysts have revised down their expectations for the country’s milling wheat harvest, but UK traders are eyeing export opportunities to North Africa.

Consumer spending slowed in July

The latest Barclaycard consumer confidence research has shown caution among consumers, as spending rose 2.6% in July, with growth levels down on those seen in May and June. 

Walls under new ownership after American takeover

Shetland-based Walls Bakery has been taken over by American entrepreneur Bruce Gilardi and has changed its name to Waas Bakery.

From left: Steve Angle, Alex Birch of Langleys Solicitors, John Haken and Hilary Angle
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£15m MBO for biscuit and confectionery marketer

A £15m Yorkshire-based biscuit and confectionery specialist Right Angle Marketing (York) has been sold in a management buy-out (MBO) for an undisclosed seven-figure sum.

Frozen pizza and white bread buck rising grocery price trend

Frozen pizza and white bread have fallen in price despite the cost of a basket of popular supermarket items jumping by 1% in July, latest figures from mysupermarket.co.uk show.

Greggs reports 6% sales boost for H1

Leading bakery food-on-the-go retailer Greggs has seen total sales rise 6% to £422m for the 26 weeks ended 2 July 2016.

Haydens Bakery turns in positive sales despite narrower range

Renshaw Food Group has revealed a positive performance for its premium bakery division in its financial results to 31 March 2016, announced today.

Bakery items reduced by 18% in latest Morrisons move

Morrisons is slashing prices on its bakery, cakes and desserts by an average of 18% as part of the retailer’s biggest price crunches on 1,045 products.

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